Search For "ratings"
S&P affirms Indian Bank's BBB-minus/A-3 ratings with negative outlook
Updated : 5 years, 2 months ago IST
Singapore, December 24 (ANI): S&P Global Ratings has affirmed BBB-minus long-term and A-3 short-term issuer credit ratings on Indian Bank, and said the outlook on long-term rating is negative.
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Neutral-to-positive impact of RBI's draft circular on govt-owned NBFCs: In
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 23 (ANI): The Reserve Bank of India's (RBI's) recent draft circular on declaration of dividends by non-banking financial companies (NBFCs) will have a neutral-to-positive impact on government-owned NBFCs, India Ratings and Research (Ind-Ra) said on Wedn
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Fitch assigns TCS first-time A-minus IDR with negative outlook
Updated : 5 years, 2 months ago IST
Hong Kong, December 22 (ANI): Fitch Ratings has assigned Tata Consultancy Services (TCS) long-term foreign-currency and local-currency issuer default ratings (IDRs) of A-minus with a negative outlook.
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Solar power tariff decline supported by structural factors: Ind-Ra
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 18 (ANI): Continuous decline in solar power tariffs since the start of the current financial year (FY 2020-21) has been driven by a mix of structural and state-specific factors with the former likely to sustain over medium-term, India Ratings and Resear
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S&P affirms BB-plus/B ratings on UBI with stable outlook
Updated : 5 years, 2 months ago IST
Singapore, December 17 (ANI): S&P Global Ratings on Thursday affirmed BB-plus long-term and B short-term issuer credit ratings on Union Bank of India (UBI).
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Price hikes to dampen recovery for Indian automakers after festive boost:
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 17 (ANI): Indian automakers' plans to pass on higher commodity prices to customers will dim the prospects for a demand recovery after December when the boost in some categories from pent-up demand and festive spending fades and the economic impact from
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S&P lowers India's GDP contraction to minus 7.7 pc in FY21
Updated : 5 years, 3 months ago IST
Singapore, December 15 (ANI): S&P Global Ratings on Tuesday revised India's real GDP growth to negative 7.7 per cent for the current financial year ending March 2021 from negative 9 per cent previously.
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Companies look past pandemic as work and leisure patterns shift: S&P
Updated : 5 years, 3 months ago IST
Singapore, December 14 (ANI): COVID-19's effect on industries has varied dramatically and will continue to be felt for years in terms of the growth outlook, financial policy and credit metrics, S&P Global Ratings said on Monday.
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S&P downgrades Sri Lanka to CCC-plus on fiscal deterioration
Updated : 5 years, 3 months ago IST
Singapore, December 11 (ANI): S&P Global Ratings on Friday lowered its long-term foreign and local currency sovereign credit ratings on Sri Lanka to CCC-plus from B-minus.
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NBFIs' credit pressures to persist as GDP recovers: Fitch
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], December 11 (ANI): Indian non-banking financial institutions (NBFIs) will continue to face challenging conditions in 2021 even as the economy is projected to gradually recover, according to Fitch Ratings.
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Moody's affirms Axis Capital's ratings with negative outlook
Updated : 5 years, 3 months ago IST
New York [US], December 10 (ANI): Moody's Investors Service has affirmed the ratings of Axis Capital Holdings and its subsidiaries, including the Baa1 guaranteed senior debt of its financing subsidiaries and the A2 insurance financial strength ratings of its principal operating subsidiaries.
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Fitch expects gradual recovery for Indian aviation with risk of higher com
Updated : 5 years, 3 months ago IST
Chicago [US], December 10 (ANI): Fitch Ratings expects average revenue passenger kilometres for India's airlines to remain 40 per cent below 2019 levels in 2021 despite recovering from being 65 per cent lower in 2020.
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